Vietnam Diesel Generator Set Market Growth and Analysis Report 2022: A $150 Million Market by 2030 - Privatization of Power Plants Gaining Momentum - ResearchAndMarkets.com
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Tuesday, December 27, 2022
The "Vietnam Diesel Generator Set Market Growth and Analysis Report by Power Rating (5-75kVA, 76-375 kVA, 376-750 kVA, Above 750 kVA), Application (Commercial, Industrial, Residential) - Industry Size Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Key Points:
- The "Vietnam Diesel Generator Set Market Growth and Analysis Report by Power Rating (5-75kVA, 76-375 kVA, 376-750 kVA, Above 750 kVA), Application (Commercial, Industrial, Residential) - Industry Size Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
- According to this study, the Vietnam diesel generator set market accounted for an around $109 million value in 2021, which is on the track to hitting $150 million by 2030, at a 3.6% CAGR between 2021 and 2030.
- Electricity is essential for a country's economic development, but Vietnam lacks a functional grid infrastructure, which results in an insufficient power supply.
- Based on power rating, 5-75-kVA variants are predicted to experience the highest Vietnam diesel generator set market CAGR, of 4.2%, to produce $26.6 million revenue by 2030.